Clearford Water Systems (Clearford Water Systems) Interest Expense : $-5.60 Mil (TTM As of Sep. 2021)

View and export this data going back to 2000. Start your Free Trial

What is Clearford Water Systems Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Clearford Water Systems's interest expense for the three months ended in Sep. 2021 was $ -1.81 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2021 was $-5.60 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Clearford Water Systems's Operating Income for the three months ended in Sep. 2021 was $ -0.46 Mil. Clearford Water Systems's Interest Expense for the three months ended in Sep. 2021 was $ -1.81 Mil. Clearford Water Systems did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Clearford Water Systems Interest Expense Historical Data

The historical data trend for Clearford Water Systems's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clearford Water Systems Interest Expense Chart

Clearford Water Systems Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Interest Expense

Get a 7-Day Free Trial

-2.02

-2.66

-3.46

-4.27

-4.72

Clearford Water Systems Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Interest Expense	Get a 7-Day Free Trial															-1.08	-1.12	-1.16	-1.52	-1.81

Clearford Water Systems Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.60 Mil.

Clearford Water Systems (OTCPK:CLIRF) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Clearford Water Systems's Interest Expense for the three months ended in Sep. 2021 was $-1.81 Mil. Its Operating Income for the three months ended in Sep. 2021 was $-0.46 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2021 was $52.19 Mil.

Clearford Water Systems's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Clearford Water Systems did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Clearford Water Systems (Clearford Water Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Clearford Water Systems Inc (OTCPK:CLIRF) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 Legget Drive, Suite 100, Ottawa, ON, CAN, K2K 3G4

Website

https://www.clearford.com

Clearford Water Systems Inc provides unified water infrastructure solutions. The company is the developer of the Clearford One system, which is a combination of the company's ClearDigest Smart Digester, Small Bore Sewer (SBS) technology, a watertight small diameter wastewater collection system, SBS ClearConvey, and ClearRecover, a wastewater treatment facility-based on the processed influent. It operates through two segments namely Clearford One and UV Pure. The company generates revenue through a sale in various countries such as Canada, the United States of America, India, South America, and other countries. It derives maximum revenue from the Clearford One segment.

Clearford Water Systems (Clearford Water Systems) Headlines

No Headlines